According to Ki Young Ju, CEO of on-chain market intelligence and analytics CryptoQuant, Bitcoin is still in the middle of a bullish cycle. The analyst has pointed to the fact that its market cap is currently growing at a faster pace compared to its realized cap. Based on historical data, this trend tends to last around […]
Category Archives: Solana (SOL)
A recent analysis conducted by a prominent crypto and macro researcher, known as “Flow,” has brought attention to concerning trends surrounding tokens listed on Binance, the world’s leading cryptocurrency exchange. The examination of the past six months’ worth of listings on Binance reveals a troubling pattern: More than 80% of tokens have experienced a decline in value […]
The U.S. Securities and Exchange Commission is expected to either approve or reject spot Ethereum exchange-traded funds (ETFs) this week. The last deadline for the SEC to decide on VanEck’s application is set for May 23. The proposal jointly filed by Cathie Wood’s investment management firm ARK Invest and ETF issuer 21Shares will get its verdict […]
In the latest weekly review of fund flows by CoinShares, digital asset investment products experienced a significant increase in inflows, totaling $932 million. This represents a 716% rise from the previous week’s $130 million. The notable surge followed a lower-than-expected CPI report on Wednesday, with the last three trading days of the week, contributing 89% of […]
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Bloomberg analysts James Seyffart and Eric Balchunas have increased the odds of spot Ethereum approval to a whopping 75% in what appears to be a last-minute reversal. According to Balchunas, there is some “chatter” that the SEC might be doing a 180 on this issue (which might be due to political pressure). Prior to this, the […]
Justin Bons, a well-known cryptocurrency analyst, recently ignited controversy by claiming that Cardano (ADA) is extremely centralized. In a detailed critique, Bons argued that the control mechanisms within Cardano’s protocol grant Input Output Global (IOG) excessive power. According to Bons, the “genesis keys” in Cardano allow IOG to unilaterally alter protocol rules without requiring a hard […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cover image via www.youtube.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Charles Hoskinson, the founder of Cardano (ADA), recently pointed out that Cardano was the first cryptocurrency to make its mark on Mount Everest. This revelation came in response to a post claiming that ADA blockchain had reached the summit in 2022, following Michael Saylor’s recent photo showcasing a Bitcoin flag at the top of the world’s […]